| Schedule of financial data for operating segments |
| |
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Net Sales |
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus, recorded as gross: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Alcohol sales |
|
$ |
133,680 |
|
|
$ |
114,587 |
|
|
$ |
393,498 |
|
|
$ |
341,967 |
|
| Essential ingredient sales |
|
|
54,537 |
|
|
|
46,016 |
|
|
|
169,670 |
|
|
|
140,670 |
|
| Intersegment sales |
|
|
332 |
|
|
|
293 |
|
|
|
857 |
|
|
|
919 |
|
| Total Pekin Campus sales |
|
|
188,549 |
|
|
|
160,896 |
|
|
|
564,025 |
|
|
|
483,556 |
|
| Marketing and distribution: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Alcohol sales, gross |
|
$ |
55,262 |
|
|
$ |
112,391 |
|
|
$ |
172,746 |
|
|
$ |
255,702 |
|
| Alcohol sales, net |
|
|
308 |
|
|
|
505 |
|
|
|
975 |
|
|
|
1,489 |
|
| Intersegment sales |
|
|
3,121 |
|
|
|
2,415 |
|
|
|
9,360 |
|
|
|
7,277 |
|
| Total marketing and distribution sales |
|
|
58,691 |
|
|
|
115,311 |
|
|
|
183,081 |
|
|
|
264,468 |
|
| Other production, recorded as gross: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Alcohol sales |
|
$ |
64,492 |
|
|
$ |
25,190 |
|
|
$ |
191,483 |
|
|
$ |
63,311 |
|
| Essential ingredient sales |
|
|
24,439 |
|
|
|
6,867 |
|
|
|
66,748 |
|
|
|
19,261 |
|
| Intersegment sales |
|
|
3 |
|
|
|
259 |
|
|
|
14 |
|
|
|
896 |
|
| Total Other production sales |
|
|
88,934 |
|
|
|
32,316 |
|
|
|
258,245 |
|
|
|
83,468 |
|
| Corporate and other |
|
|
4,159 |
|
|
|
— |
|
|
|
12,064 |
|
|
|
— |
|
| Intersegment eliminations |
|
|
(3,456 |
) |
|
|
(2,967 |
) |
|
|
(10,231 |
) |
|
|
(9,092 |
) |
| Net sales as reported |
|
$ |
336,877 |
|
|
$ |
305,556 |
|
|
$ |
1,007,184 |
|
|
$ |
822,400 |
|
| Cost of goods sold: |
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
207,939 |
|
|
$ |
169,721 |
|
|
$ |
572,512 |
|
|
$ |
468,972 |
|
| Marketing and distribution |
|
|
55,159 |
|
|
|
105,902 |
|
|
|
173,670 |
|
|
|
245,606 |
|
| Other production |
|
|
91,663 |
|
|
|
35,613 |
|
|
|
261,514 |
|
|
|
87,055 |
|
| Corporate and other |
|
|
2,925 |
|
|
|
— |
|
|
|
8,995 |
|
|
|
— |
|
| Intersegment eliminations |
|
|
(970 |
) |
|
|
(2,281 |
) |
|
|
(3,285 |
) |
|
|
(4,904 |
) |
| Cost of goods sold as reported |
|
$ |
356,716 |
|
|
$ |
308,955 |
|
|
$ |
1,013,406 |
|
|
$ |
796,729 |
|
| Gross profit (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
(19,390 |
) |
|
$ |
(8,825 |
) |
|
$ |
(8,487 |
) |
|
$ |
14,584 |
|
| Marketing and distribution |
|
|
3,532 |
|
|
|
9,409 |
|
|
|
9,411 |
|
|
|
18,862 |
|
| Other production |
|
|
(2,729 |
) |
|
|
(3,297 |
) |
|
|
(3,269 |
) |
|
|
(3,587 |
) |
| Corporate and other |
|
|
1,234 |
|
|
|
— |
|
|
|
3,069 |
|
|
|
— |
|
| Intersegment eliminations |
|
|
(2,486 |
) |
|
|
(686 |
) |
|
|
(6,946 |
) |
|
|
(4,188 |
) |
| Gross profit (loss) as reported |
|
$ |
(19,839 |
) |
|
$ |
(3,399 |
) |
|
$ |
(6,222 |
) |
|
$ |
25,671 |
|
| Income (loss) before provision for income taxes: |
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
(22,664 |
) |
|
$ |
(11,830 |
) |
|
$ |
(6,252 |
) |
|
$ |
8,907 |
|
| Marketing and distribution |
|
|
1,622 |
|
|
|
7,517 |
|
|
|
3,444 |
|
|
|
12,929 |
|
| Other production |
|
|
(4,958 |
) |
|
|
(4,856 |
) |
|
|
1,404 |
|
|
|
(12,467 |
) |
| Corporate and other |
|
|
(2,038 |
) |
|
|
6,037 |
|
|
|
(7,121 |
) |
|
|
567 |
|
| |
|
$ |
(28,038 |
) |
|
$ |
(3,132 |
) |
|
$ |
(8,525 |
) |
|
$ |
9,936 |
|
| Depreciation and amortization of intangibles: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
4,758 |
|
|
$ |
4,372 |
|
|
$ |
14,381 |
|
|
$ |
13,043 |
|
| Other production |
|
|
1,273 |
|
|
|
1,468 |
|
|
|
4,095 |
|
|
|
4,433 |
|
| Corporate and other |
|
|
229 |
|
|
|
11 |
|
|
|
646 |
|
|
|
44 |
|
| |
|
$ |
6,260 |
|
|
$ |
5,851 |
|
|
$ |
19,122 |
|
|
$ |
17,520 |
|
| Interest expense, net of capitalized interest: |
|
|
|
|
|
|
|
|
|
|
|
|
| Pekin Campus |
|
$ |
(48 |
) |
|
$ |
176 |
|
|
$ |
(81 |
) |
|
$ |
767 |
|
| Marketing and distribution |
|
|
487 |
|
|
|
295 |
|
|
|
1,060 |
|
|
|
721 |
|
| Other production |
|
|
(74 |
) |
|
|
— |
|
|
|
(128 |
) |
|
|
182 |
|
| Corporate and other |
|
|
(25 |
) |
|
|
(42 |
) |
|
|
8 |
|
|
|
1,689 |
|
| |
|
$ |
340 |
|
|
$ |
429 |
|
|
$ |
859 |
|
|
$ |
3,359 |
|
|